Rounding up top reads from around the web, as shared by fellow investors and myself in the Financial Horse Facebook Group.
The $1.9 Trillion Fund Giant With a Crazy Idea About Investing (Bloomberg)This year the amount of money in passive U.S. equity funds is expected to surpass active funds for the first time, with most new cash flowing into the most basic ETFs.
It’s been a trying decade for Rob Lovelace. Capital Group Cos., the money-management firm his father’s father founded in Los Angeles during the Great Depression, took a beating after the financial crisis. For Lovelace, that trend only reinforces his commitment to the research-focused investing style he inherited from his grandfather and father. “This Capital System is different and unique,” he says. “And it works. That’s special.
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